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Article Excerpt - Alternative Protein
Article Excerpt - Alternative Protein
Replacement
According to BlueNalu:
San Diego, Calif. BlueNalu, a leading innovative food company producing
seafood directly from fish cells, announced the successful completion of its $20
million Series A round of funding. This financing will enable BlueNalu to
develop a good manufacturing practices (GMP) pilot production facility in San
Diego, expand its world-class team, implement strategic alliances for global
operations and distribution, and prepare for its market launch.
The Series A round is co-led by Stray Dog Capital, CPT Capital, New Crop
Capital, and Clear Current Capital, each of which participated in BlueNalu’s seed
round. BlueNalu secured $4.5 million in 2018 and has attracted investors from 11
nations to date demonstrating global interest in the disruptive potential for the
company. These investors originate from Brazil, Hong Kong, Israel, Japan,
Luxembourg, Netherlands, Saudi Arabia, South Korea, Sweden, United Kingdom
and the United States.
https://www.bluenalu.com/bluenalu-secures-20-million-in-series-a-financing
According to Givaudan:
Taste, texture, colour, mouthfeel, flavour and nutritional profile: these are just a
handful of the many parameters involved in creating a truly tasty plant-based,
consumer-friendly centre-of-the-plate product. By combining its leading product
technology and application expertise in this area with Naturex’s natural
ingredients, Givaudan is poised to offer powerful integrated solutions for meat
substitutes that are entirely plant-based.
During Expo West 2020, the Company will be launching a new line of natural red
colours designed specifically for meat substitutes: Vegebrite™ Veggie Reds. This
new line promises to deliver a better consumer preparation experience,
introducing meat-like red colour to raw plant-based patties that then turns brown
when cooked.
https://www.givaudan.com/media/trade-media/2020/givaudan-blurs-lines-between-
food-and-function-at-expo-west
Tofurky Spreads Into Plant-Based Cheese With Moocho Launch
According to Kerry:
Kerry, the Taste & Nutrition company, is pleased to officially announce that it has
expanded its non-allergenic and organic plant protein capability by acquiring the
Spanish company Pevesa Biotech. The acquisition enhances Kerry’s leadership
position in the hydrolysed plant protein space for specialized nutrition, and
expands the company’s capacity to serve the rapidly growing, high-quality,
organic plant protein market.
Based in Spain, Pevesa Biotech is a well-established global leader in non-
allergenic, non-GMO plant proteins for the infant, general and clinical nutrition
markets. Pevesa offer a range of high-quality plant proteins, including organic pea
and rice protein and protein hydrolysates and is a European leader in non-
allergenic plant proteins for infant nutrition. Pevesa has also developed a range of
organic and standard biofertilizers for fruit, olive and specialist garden growers,
and has had a strong corporate focus for many years on developing sustainable
solutions to important nutrition, health, biowaste and agricultural challenges.
https://www.ift.org/-/media/news-and-publications/daily-news/kerry-pevesa-
acquisition_feb2020.pdf?
la=en&hash=88EC8BBEFEA64D7F47C5EB585F1E39C69D500E3A